Selling Well: ‘Outlet’ REITs
Stocks of REITs fared well in the quarter, especially those that had properties that attracted bargain hunters.
Help Wanted
Looking for work in commercial real estate? Then you’d be wise to flee New York for Texas.
In Brussels, a Town House With a Vintage Vibe
Brussels is famous for its tall, narrow town houses, but the slender entrance hall and impossibly high ceilings leading into Justine Glanfield’s home seem almost like a pastiche.
Property Values: What You Get for … $750,000
A four-bedroom home in Wapiti, Wyo.; a five-bedroom town house in Portland, Me.; and a five-bedroom house in Austin, Tex.
International Real Estate: For Sale in … Tuscany, Italy
A late 19th-century farmhouse with three bedrooms is on the market for $1,314,000.
Wachovia sells banking divisions to Citigroup
Wachovia Corp.’s major expansion plans in the Phoenix market could be derailed as a result of its sale of its banking operations to Citigroup Inc. (C) (WB)
Thunderbird to begin public phase of $65M capital campaign
With $42 million in pledges already in to provide momentum, the Thunderbird School of Global Management Wednesday will launch the public portion of its $65 million capital campaign with a community celebration on its Glendale campus.
Commerce Department: Americans rein in spending
A new government report says personal spending stagnated in August as Americans continued to be weighed down by the economy
Europe-to-U.S. flights show big passenger gains
Trans-Atlantic traffic to the United States soared in August, with the top nine airlines reporting an average passenger increase of nearly 10 percent.
Industry veterans help open new Grubb & Ellis Tucson office
Real estate services and investment firm Grubb & Ellis Co. Monday announced it has opened a full-service office in Tucson staffed with five commercial real estate industry veterans, including three who formerly worked for CB Richard Ellis. (GBE)
